| ALGN latest price $259.9900 (0.47%) ($0.0000 - $0.0000) on Fri. Nov. 8, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.25% (three month average) |
| RSI | 86 |
| Latest Price | $259.9900(0.47%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | ALGN advances 0.2% a day on average for past five trading days. |
| Weekly Trend | ALGN advances 5.5% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support ALGN advance at 0% a week (0% probability)
IWO(57%) VT(57%) VUG(56%) XLY(56%) IVW(55%) |
| Factors Impacting ALGN price | ALGN will decline at least -1.125% in a week (0% probabilities).
VIXM(-41%) VXX(-18%) UUP(-14%) TLT(-5%) IGOV(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.125% (StdDev 2.25%) |
| Hourly BBV | 0 () |